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Foreclosures

As a prospective home buyer or real estate investor, you have many options in your search to find an affordable home. One of those options today is the purchase of foreclosure properties.

What types of foreclosure houses are available?

A wide selection of homes, including single-family homes, condominiums, and town houses, located in a variety of neighborhoods throughout the country are available. The sales prices of housing may vary substantially. Many of these homes are relatively new; however, older homes are offered in some areas.

The Veterans Administration (VA) sells single family properties that are acquired as the result of foreclosures on VA loans. VA offers owner financing for most of its foreclosed properties.

The HUD/FHA sells single family properties that are acquired as the result of foreclosures on FHA loans. HUD offers owner financing for most of its foreclosed properties for as little as $3%-$5% down.

Fannie Mae & Freddie Mac offers owner financing for most of its foreclosed properties for as little as $3%-$5% down.

Property listings for most VA, HUD, Fannie Mae, & Freddie Mac foreclosed houses are available on the Internet. The properties are available for sale to the general public and are sold to homebuyers and investors and to veterans and non-veterans.


Foreclosure Site Map

A Possible Bargain: Foreclosed Properties
At a time when real estate prices are soaring there are still many opportunities to buy properties that are 30%- 40% below market value. Foreclosures are one of the best ways to find great bargains.

10 Tips for Investing in Distressed or Foreclosed Properties
Foreclosure properties are potentially the most profitable, but require the most attention to detail.

Foreclosure
Foreclosure under a mortgage requires a court ordered sale conducted by the sheriff or other court-appointed official.

Foreclosure Home Deals
Did you know that you can save tens of thousands of dollars on the purchase of your home by investing in a foreclosure or preforeclosure property?

Rehab Foreclosed Houses the Right Way and Keep All the Profits!
I've been teaching people how to buy foreclosure properties for a long time. And we all make the biggest profits on the deals that we rehab the right way. But this does NOT mean what you might think!

So, You Wanna Buy Pre-Foreclosures?
So you wanna buy pre-foreclosures? or at the courthouse steps? So many people ask us about this. Here's our '30 second seminar' on it. If you're going to buy PRE-foreclosures--after the seller is behind on her payments, but before the lender's auction date-then there are some pros and cons to consider.

Finding Southern California Real Estate Foreclosure Property
At one time finding distressed properties was primarily in the hands of experts that make a full time living purchasing southern California real estate foreclosure property. Things have really changed and the process no longer is limited to those in the know.

Death, Taxes, and Foreclosures
So how do you find the best foreclosures? Its not easy as the business is very competitive, especially in this current crazy real estate boom. Firstly you must be methodical as well as diverse. Deals are all over the place. It is recommended you specialize in an area that you are familiar with.

Getting Started in Real Estate Foreclosure Investing
With the increase in Real Estate property appreciation rates across America, a prospective foreclosure buyer may want to fix up a property to improve its value to live in, to rent out or to resell.

Negotiating A Short Sale - The High Road to Huge Foreclosure Profits
Buying foreclosures can be extremely profitable for real estate investors. You can "create" your own equity by negotiating a "Short Sale" with the bank or lender. The concept behind the short sale is simple: your goal as a real estate investor is to convince the bank to sell for less that is owed as payment in full.

Cashing Out of Preforeclosures - Exit Strategies for Maximum Profit
One of the quickest ways to real estate profits is through preforeclosures.

Buying Foreclosures - Knowing Why Helps You Buy
Knowing why the owner is losing their home can help you connect with them and gain their trust.

From Foreclosure to Forbearance - The Art of Negotiation
As an active real estate investor you probably already know that the most important phase of your investment is when you buy the property. Most of us are getting the bargains in the foreclosure market.

The Value of Foreclosed Property
In general, foreclosed properties sell at a substantial discount and this discount is larger when foreclosure occurs early in the loan's life.

What is a Foreclosure?
Many people feel that they can purchase these properties for almost nothing and sometimes that is the case, especially tax sales. I know of some that have sold for less than a few thousand dollars.






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